Outgoing French Prime Minister Sebastien Lecornu expressed optimism that an accord can be reached to allow the formation of a new government without fully endorsing a new proposal to rethink a controversial pension law as demanded by the Socialists.

“The good news is that with all the consultations I have had,” Lecornu told reporters Wednesday, “there is a desire to have a budget for France before Dec. 31.” He added that meetings with left-wing parties today would allow him “to see what concessions they want from other political groups in order to guarantee this stability.”